James S. Cox - 15 Nov 2022 Form 4 Insider Report for Clearwater Analytics Holdings, Inc. (CWAN)

Role: Chief Financial Officer
Signature: /s/ Alphonse Valbrune, as Attorney-in-Fact, for Jim Cox
Issuer symbol: CWAN
Transactions as of: 15 Nov 2022
Net transactions value: -$141,413
Form type: 4
Filing time: 16 Nov 2022, 15:51:46 UTC
Previous filing: 16 Nov 2022
Next filing: 15 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CWAN	Class A Common Stock	Options Exercise	$44,000	+10,000	+560%	$4.40^*	11,786	15 Nov 2022	Direct
transaction	CWAN	Class A Common Stock	Sale	$185,413	-10,000	-85%	$18.54	1,786	15 Nov 2022	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CWAN	Stock Option (Right to Buy)	Options Exercise	$0	-10,000	-2.8%	$0.000000	346,020	15 Nov 2022	Class A Common Stock	10,000	$4.40	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2022.
F2	This transaction was executed in multiple trades at prices ranging from $18.20 USD to $18.75 USD; the price reported above reflects the weighted average sale price.
F3	Of the amount reported, options to purchase 205,020 of Class A Common Stock are vested and exercisable. Unvested options vest in two equal annual installments of 70,500 beginning on and including May 20, 2023.